Dallas-based private equity firm, Breck Partners, has announced a significant expansion of its investment portfolio through the acquisition of NPX One, LLC. This strategic partnership with NPX One, a leading food packaging manufacturer, marks a key move for Breck Partners as it continues to target high-potential companies within the industrial market sector. The acquisition, finalized in partnership with NPX One’s CEO Rudy Cuellar and the existing management team, positions Breck Partners to leverage NPX One’s strong market presence and growth opportunities in the food packaging industry.
“NPX One, under Rudy’s leadership, has cultivated a robust business renowned for delivering exceptional value to a wide array of prominent customers,” stated Brian Steinbrueck, Partner at Breck Partners. “We are particularly enthusiastic about partnering with companies at pivotal moments of growth, and NPX One represents exactly that. We are eager to collaborate with their team and support them in realizing their vision to become the preeminent food packaging platform.” This investment underscores Breck Partners’ commitment to identifying and nurturing businesses with strong foundations and substantial growth trajectories.
Rudy Cuellar, CEO of NPX One, expressed his optimism about the new partnership, stating, “This collaboration with Breck Partners is a momentous step for NPX One. It equips us with the resources and strategic support to accelerate innovation across our product lines and service offerings. Our shared vision with Breck Partners for expansion and enhanced market penetration promises an exciting future for NPX One, our employees, and our partners throughout the supply chain.” The alignment in strategic vision between NPX One and Breck Partners is set to propel the company to new heights in the competitive food packaging landscape.
Brad Brenneman, Partner at Breck Partners, further elaborated on the strategic rationale behind the acquisition. “NPX One distinguishes itself in the market by offering superior quality and unparalleled service. Coupled with a dedicated and deeply invested team and significant growth potential, NPX One presented a compelling investment opportunity for Breck Partners. We are honored to join forces with Rudy and the entire NPX One team and are committed to supporting their continued success and expansion.” This acquisition exemplifies Breck Partners’ investment philosophy of targeting companies with strong market positions and significant upside potential.
About NPX One, LLC
NPX One stands as a premier provider of innovative packaging solutions for the fresh protein sector. Serving food processors, distributors, and supermarket chains, NPX One is dedicated to delivering high-caliber, inventive solutions coupled with outstanding service. Operating from two SQF-certified manufacturing facilities located in Reading, PA, and Indianapolis, IN, NPX One’s packaging solutions are crucial for maintaining food safety and extending the shelf life of perishable, high-value fresh protein products. For more detailed information, please visit www.npxone.com.
About Breck Partners, LLC
Breck Partners is a private equity firm located in Dallas, Texas, focused on making control equity investments in industrial markets. Breck Partners targets “story” situations – businesses demonstrating unrealized potential, those in temporarily undervalued industries, companies with developing management teams, or those navigating complex scenarios such as corporate carve-outs. Breck Partners concentrates on platforms generating revenues between $75 million and $250 million and possessing enterprise values ranging from $50 million to over $100 million. For additional details about Breck Partners and their investment approach, please visit www.breckpartners.com or direct inquiries to [email protected].
